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Insurance Planning


  • Term Life

  • Whole Life

  • Participating Life

  • Universal Life


  • Personal

  • Critical Illness

  • Disability

  • Long-Term Care


Life Insurance

Life Insurance is a very valuable insurance to protect families in the unfortunate event of death. The sum of money is determined by various personal factors and is also tax-free. There are multiple types of Life Insurance to best suit your needs. 

Term Life

Term Life Insurance provides insurance for a fixed period of time (i.e. 20 years). If during this period you pass away, your beneficiaries will be given an amount of money to help pay debts and living costs. This policy has flexible coverage and has a consistent fee for its fixed period of time. Often, you can convert your coverage to permanent insurance despite lifestyle changes. ​​

Whole Life (Permanent Life)

Whole Life (also called Permanent Life) Insurance provides insurance for your entire life duration. The benefit is given to beneficiaries after you pass away. The fees are generally fixed at the same rate from when policy is bought. You may be able to build cash value over time on your policy as well. As well, some of these plans can be paid for during a selected period. For example, you can pay off a Whole Life Insurance policy in 20 years. 

Participating Life

Participating Life Insurance is a combination of Whole Life Insurance and the insurance company adding dividend. This can be put towards the premium, add coverage to your policy, earn interest on the plan, or be taken out as cash. The coverage and premium of the policy are guaranteed. ​

Universal Life

Universal Life Insurance is a combination of Whole Life Insurance and investment savings. In this type of policy, the benefit beneficiaries are given is a guaranteed amount and any additional premiums paid, grow in a tax preferred savings account (or towards benefit amount). ​

Health Insurance

Health Insurance covers healthcare costs that are not covered by the government. Often our health can heavily affect our finances if we do not have coverage, even in Canada. For example, some medications, dental care, or physiotherapy are not covered by our regular health plans - extra coverage is required.


Personal Health Insurance can be purchased as an individual, as a family, or as a self employed individual looking to obtain coverage for the above mentioned. It may also include medical attention required internationally or dental care.

Critical Illness

Critical Illness Insurance may provide income replacement, funds for medical expenses, and maintaining a healthy lifestyle. The types of illnesses covered are usually outlined in contracts - please be sure to read these carefully. Some of these illnesses includes strokes, heart attacks, and life threatening cancer. 

Some plans may also provide a portion of income replacement for a family member that has to take time to car for a critical illness patient. 

Long Term Care

Long Term Care Insurance is required for the unfortunate event if you become physically or mentally unable to work. This coverage provides funds for you that you may use as you please and also helps cushion a retirement plan. 

In addition, the plans help relieve stress on loved ones helping you at home. The plan may also provide in home care.​


Disability insurance provides financial support in the unfortunate event that you become disabled. Disability includes serious illnesses, injuries or mental health issues that last short or long term. 

In addition to government plans such as Workplace Safety & Insurance Board (WSIB), Canadian Pension Plan (CPP), and Employment Insurance (EI), it is important to get extra coverage. You may also have group coverage from work. 

For more information, on disability insurance in Canada, visit the Canadian Life and Health Insurance Association

Declined for life insurance
Now what? 

If you have been previously declined for life insurance, or are concerned you may be turned away, contact us for a free 30-minute consultation to discuss the options available to you.


But what does it mean to be declined? You may be declined for various reasons such as financial, health, lifestyle, or others. You may wonder if you can ever get life insurance. You need a plan that covers you and your family, but now you think that it’s impossible. Don’t worry, many are being are declined coverage, but still go on to find coverage with another option.


If you fall into this category, there are several different things you can do to make sure that you get the coverage you want and deserve. It is important to know, it is more probable to be declined for life insurance if you are applying through a lender or an insurance company.


Why you want a second opinion from us:

  • We work with 27 top rated life insurance carriers and understand what each carriers’ guidelines are

  • Our success ratio is in the 90s: our job is to know the in-depth guidelines for each insurance carrier

  • We specialize in hard to assess cases and high risk life insurance

  • We have helped those who have been declined by major insurance companies to obtain up to 1 million dollars of coverage from other major insurance companies.


Simply fill out the form below and one of our licensed professionals will contact you to schedule a free 30-minute consultation.


Let us help you find the coverage you want and need.

Thanks for submitting. We will get back to you shortly.

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